KARSTEN BELTOFT JØRGENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 19365506
Tvebjergvej 83, 9600 Aars
tel: 98666226
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Company information

Official name
KARSTEN BELTOFT JØRGENSEN ApS
Personnel
1 person
Established
1996
Company form
Private limited company
Industry

About KARSTEN BELTOFT JØRGENSEN ApS

KARSTEN BELTOFT JØRGENSEN ApS (CVR number: 19365506) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -308.4 kDKK in 2024. The operating profit was -406.6 kDKK, while net earnings were 2653.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KARSTEN BELTOFT JØRGENSEN ApS's liquidity measured by quick ratio was 2.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 180.41- 226.09- 108.54- 104.32- 308.42
EBIT- 230.41- 286.64- 233.43- 191.75- 406.56
Net earnings7 632.501 900.60-2 852.174 818.852 653.30
Shareholders equity total39 204.2341 104.8238 252.6643 071.5143 724.81
Balance sheet total (assets)47 557.7245 587.2641 566.6645 124.8956 783.40
Net debt-15 738.94-23 835.62-20 419.52-21 501.79-22 495.86
Profitability
EBIT-%
ROA19.2 %6.2 %2.1 %12.5 %8.1 %
ROE21.6 %4.7 %-7.2 %11.9 %6.1 %
ROI23.8 %7.1 %2.2 %12.9 %8.2 %
Economic value added (EVA)-1 767.15-2 241.71-2 275.08-2 097.15-2 571.20
Solvency
Equity ratio82.4 %90.2 %92.0 %95.4 %77.0 %
Gearing1.1 %1.3 %3.5 %27.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.87.67.213.42.7
Current ratio3.87.67.213.42.7
Cash and cash equivalents16 160.6023 835.6220 898.9023 006.5334 431.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:8.11%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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